The Ministry of Finance in 2021, began processes to secure approximately $335,072,712.13 tax exemptions for some 42 companies under the government’s One District One Factory initiative. The Exemptions Act, 2022 (Act 1083) was laid in Parliament by the former Minister for Finance, Ken Ofori-Atta, in 2022. The Chinese-owned company, Sentuo …
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Member of Parliament for Tamale Central, Ibrahim Murtala Mohammed, has said the One District One Factory (1D1F) initiative will be abolished if the National Democratic Congress (NDC) takes over power from the governing New Patriotic Party (NPP) in the 2024 elections. He described the initiative as mere slogan that is …
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President Akufo-Addo, has commissioned the Atlantic LifeSciences Ltd, a company operating under Government’s 1-District-1-Factory initiative. Speaking at the commissioning ceremony on Friday, 22nd April 2022, President Akufo-Addo stated that the ceremony “is in further fulfilment of the promise by Government, in partnership with the private sector, to set up at …
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The President Nana Addo Dankwa Akufo-Addo on Tuesday 10 August 2021 commissioned the US$16 million Weddi Africa Tomato Processing Factory, a company operating under the 1-District-1-Factory initiative, at Domfete, in the Berekum West District of the Bono Region. Government, through Ghana Exim Bank and ADB Bank Ghana, facilitated the acquisition …
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The 1D1F is a private sector-led initiative introduced by President Nana Akufo-Addo to create the necessary conducive environment for businesses to access funding from financial institutions and other support services from government agencies so as to establish factories and production units in the various districts of the country. …
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The Trade and Industry Minister-designate, Alan Kyerematen says 139,331 jobs have so far been created from the government’s One District, One Factory initiative. Mr. Kyerematen, who announced this when he appeared before the Appointments Committee of Parliament on Friday, February 26, 2021, also disclosed that “76 of the …
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